Find Your Dream Home: Search 10,000+ Homes for Sale

75 Fairhope Avenue, Excelsior, MN 55331

$2,650,000

Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 3,014 Lot Size (sq. ft.): 112,820 Status: Closed

Current Price: $2,650,000 List Date: 6/21/2024 Last Modified: 8/08/2025

Overview

Description

Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter! This property is a true gem waiting to be discovered, but wait there's more.. If the architecture doesn't meet your style, we have plans that can be shared.

Listing Details MLS# 6556001

General Property Information

Common Wall: No
Lot Measurement: Acres
Manufactured Home?: No
Multiple PIDs?: No
New Development: No
Number of Fireplaces: Yes
Road Btwn WF & Home?: No
Waterfront Frontage: 1000
Year Built: 1989
Yearly/Seasonal: Yearly
Zoning: Residential-Single Family
Bath Full: Yes
Bath Three Quarters: Yes
Bath Half: Yes
Main Floor Total SqFt: 1621
Above Grd Total SqFt: 3014
Total SqFt: 3014
Total Finished Sqft: 3034.00
FireplaceYN: Yes
Lake/Waterfront Name: Minnetonka
Style: (SF) Single Family
Foundation Size: 1621
Garage Stalls: 3
Lot Dimensions: 378x386x400x432
Acres: 2.59
Bath Quarter: 0
Below Grd Total SqFt: 0
Association Fee: 0

Property Features

Accessible: None Air Conditioning: Central Air Amenities Unit: Balcony; Ceiling Fan(s); Deck; Dock; Hardwood Floors; In-Ground Sprinkler; Kitchen Center Island; Kitchen Window; Local Area Network; Primary Bedroom Walk-In Closet; Vaulted Ceiling(s) Appliances: Cooktop; Dishwasher; Disposal; Dryer; Microwave; Refrigerator; Washer Assumable Loan: Not Assumable Basement: Crawl Space; Drain Tiled; Sump Pump Bath Description: Main Floor 1/2 Bath; Upper Level Full Bath; Full Primary; Private Primary; Bathroom Ensuite; Separate Tub & Shower; Walk-In Shower Stall Construction Status: Previously Owned Dining Room Description: Eat In Kitchen; Informal Dining Room; Living/Dining Room Electric: Circuit Breakers Elevation Highpoint to Waterfront Slope: Level Existing Financing: Cash Exterior: Fiber Board; Wood Family Room Characteristics: Great Room Fencing: None Fireplace Characteristics: Gas Burning; Living Room Fuel: Natural Gas Heating: Forced Air Lake Details: Sand; Soft Laundry: Laundry Room Lock Box Type: Combo Lot Description: Accessible Shoreline; Island/Peninsula Parking Characteristics: Garage Door Opener; Heated Garage; Insulated Garage Road Frontage: No Outlet/Dead End; Paved Streets; Township Road Responsibility: Public Maintained Road Roof: Flat; Rubber; Wood Shingles Sellers Terms: Cash; Conventional; Other Sewer: City Sewer/Connected Special Search: 3 BR on One Level; Main Floor Laundry Stories: Two Water: City Water/Connected Waterfront View: Bay; Lake; Panoramic; North; South; East; West

Contract Information

Digitally Altered Photos: No
Off Market Date: 2024-09-25
Contingency: None
Closed Date: 2024-09-25
Original List Price: 2995000
Sales Close Price: 2650000
ListPrice: 2995000
Owner is an Agent?: No
Auction?: No

Location Tax and Other Information

House Number: 75
Street Name: Fairhope
Street Suffix: Avenue
Postal City: Excelsior
County: Hennepin
State: MN
Zip Code: 55331
Complex/Dev/Subdivision: Tonka Fairhope

Assessments

Tax With Assessments: 35346.64
Assessment Balance: 0

Building Information

Finished SqFt Above Ground: 3034

More Information

Elevation Highpoint to Waterfront Feet

Elevation Highpoint Waterfront Feet: 0-4

Lake Details

Lake Acres: 14205
Lake Depth: 113
Sand: Yes
Soft: Yes

Lease Details

Land Leased: Not Applicable

Miscellaneous Information

Homestead: No

Ownership

Fractional Ownership: No

Parking Characteristics

Garage Dimensions: 32x25
Garage Square Feet: 770
Garage Door Opener: Yes
Heated Garage: Yes
Insulated Garage: Yes

Public Survey Info

Range#: 23
Section#: 21
Township#: 117

Office/Member Info

Association: MAAR

Location, Tax and Other Information

AssocFeeYN: No
Legal Description: TONKA FAIRHOPE LOTS 8 9 AND NWLY 12 FT OF LOT 6 TONKA FAIRHOPE INCL ADJ 37 FT OF ST VAC ALSO TRACT A RLS NO 1568
Listing City: Excelsior
Map Page: 117
Municipality: Tonka Bay
School District: Minnetonka
School District Phone: 952-401-5000
DNR Lake ID#: 27013300
DNR Lake Classification: General Development
Zip Plus 4: 9514
Property ID Number: 2111723410045
Tax Year: 2024
Tax Amount: 35346.64
In Foreclosure?: No
Potential Short Sale?: No
Lender Owned?: No

Directions & Remarks

Public Remarks: Introducing a rare opportunity to own an island with over 1000 feet of lakeshore on the highly sought-after Lake Minnetonka. This one-of-a-kind Keith Waters design, offers breathtaking views that stretch all the way to Wayzata. Enjoy the best of lakeside living with a rooftop deck and a screened porch, perfect for savoring the stunning sunsets and sunrises. Complete with an attached three car garage and protected dock that does not need to be removed in the winter! This property is a true gem waiting to be discovered, but wait there's more.. If the architecture doesn't meet your style, we have plans that can be shared.
Directions: CR 19 to West Point to Fairhope, follow to the end and across the bridge.

Accessible

None: Yes

Air Conditioning

Central Air: Yes

Amenities Unit

Balcony: Yes
Ceiling Fan(s): Yes
Deck: Yes
Dock: Yes
Hardwood Floors: Yes
In-Ground Sprinkler: Yes
Kitchen Center Island: Yes
Kitchen Window: Yes
Local Area Network: Yes
Primary Bedroom Walk-In Closet: Yes
Vaulted Ceiling(s): Yes

Appliances

Cooktop: Yes
Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Refrigerator: Yes
Washer: Yes

Assumable Loan

Not Assumable: Yes

Basement

Crawl Space: Yes
Drain Tiled: Yes
Sump Pump: Yes

Bath Description

Main Floor 1/2 Bath: Yes
Upper Level Full Bath: Yes
Full Primary: Yes
Private Primary: Yes
Bathroom Ensuite: Yes
Separate Tub & Shower: Yes
Walk-In Shower Stall: Yes

Construction Status

Previously Owned: Yes

Dining Room Description

Eat In Kitchen: Yes
Informal Dining Room: Yes
Living/Dining Room: Yes

Electric

Circuit Breakers: Yes

Elevation Highpoint to Waterfront Slope

Level: Yes

Existing Financing

Cash: Yes

Exterior

Fiber Board: Yes
Wood: Yes

Family Room Characteristics

Great Room: Yes

Fencing

None: Yes

Fireplace Characteristics

Gas Burning: Yes
Living Room: Yes

Fuel

Natural Gas: Yes

Heating

Forced Air: Yes

Insurance Fee

Insurance Fee: 0

Laundry

Laundry Room: Yes

Lock Box Type

Combo: Yes

Lot Description

Accessible Shoreline: Yes
Island/Peninsula: Yes

Patio, Porch and Deck Features

Enclosed: Yes
Patio: Yes
Porch: Yes

Road Frontage

No Outlet/Dead End: Yes
Paved Streets: Yes
Township: Yes

Road Responsibility

Public Maintained Road: Yes

Roof

Flat: Yes
Rubber: Yes
Wood Shingles: Yes

Sellers Terms

Cash: Yes
Conventional: Yes
Other: Yes

Sewer

City Sewer/Connected: Yes

Special Search

3 BR on One Level: Yes
Main Floor Laundry: Yes

Stories

Two: Yes

Water

City Water/Connected: Yes

Waterfront View

Bay: Yes
Lake: Yes
Panoramic: Yes
North: Yes
South: Yes
East: Yes
West: Yes

Room Information

Room Name	Dimensions	Level
Dining Room	16x9	Main
Kitchen	14x13	Main
First (1st) Bedroom	20x18	Upper
Second (2nd) Bedroom	12x12	Upper
Third (3rd) Bedroom	12x10	Upper
Great Room	20x18	Main
Den	12x10	Upper
Porch	12x10	Main
Deck	12x11	Upper
Laundry	10x9	Main

Listing Office: Compass

Last Updated: August - 08 - 2025

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Regional Multiple Listing Service of Minnesota, Inc. The information provided is deemed reliable but not guaranteed. Properties subject to prior sale, change or withdrawal. ©2024 Regional Multiple Listing Service of Minnesota, Inc All rights reserved.